M&A Deal Summary

NFP Acquires Benefits & Company

On October 16, 2023, NFP acquired insurance company Benefits & Company

Acquisition Highlights
  • This is NFP’s 111th transaction in the Insurance sector.
  • This is NFP’s 108th transaction in the United States.
  • This is NFP’s 5th transaction in Georgia.

M&A Deal Summary

Date 2023-10-16
Target Benefits & Company
Sector Insurance
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

Benefits & Company

Atlanta, Georgia, United States
Benefits & Company is a full-service employee benefits firm, providing medical, dental, vision, long-term and short-term disability, group life, and flex spending solutions to employers ranging from startups to mature organizations. Benefits & Company is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

NFP

Austin, Texas, United States

Category Company
Sector Insurance
Revenue 1.1B USD (2013)
DESCRIPTION

NFP is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies. NFP is based in Austin, Texas.


DEAL STATS #
Overall 134 of 151
Sector (Insurance) 111 of 121
Type (Add-on Acquisition) 132 of 149
State (Georgia) 5 of 5
Country (United States) 108 of 116
Year (2023) 11 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-20 Divergent

South Jordan, Utah, United States

Divergent is an independent registered investment advisor that focuses on holistic wealth management solutions and retirement planning. Divergent was founded in 2017 and is based in South Jordan, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-30 Resolute Insurance Services

Walsall, United Kingdom

Resolute Insurance Services is an independent insurance broker that offers its clients a diverse mix of products across commercial insurance. Resolute Insurance Services is based in Walsall, England.

Buy -